1 MONETARY POLICY RATE MAINTAINED WWW.MONTSAME.MN PUBLISHED:2025/09/18      2 BUURULJUUT POWER PLANT’S SECOND UNIT SET FOR DECEMBER 2025 COMMISSIONING WWW.MONTSAME.MN PUBLISHED:2025/09/18      3 CAPITAL MARKETS MONGOLIA ANNOUNCES MONGOLIA INVESTMENT FORUM: LONDON 2025 AT THE LONDON STOCK EXCHANGE WWW.NEWSFILECORP.COM PUBLISHED:2025/09/18      4 REMARKS OF AMBASSADOR RICHARD L. BUANGAN AT THE UNMISS SENDOFF CEREMONY FOR MONGOLIAN PEACEKEEPERS TO SOUTH SUDAN WWW.MN.USEMBASSY.GOV  PUBLISHED:2025/09/18      5 DEMARCUS COUSINS TO PLAY AGAIN IN THE MONGOLIAN LEAGUE WWW.MONTSAME.MN PUBLISHED:2025/09/18      6 INNER MONGOLIA HALTS 15 COAL MINES OVER CAPACITY BREACHES WWW.MINING-TECHNOLOGY.COM  PUBLISHED:2025/09/18      7 OLDEST KNOWN PACHYCEPHALOSAUR FOSSIL DISCOVERED IN MONGOLIA WWW.YAHOO.COM PUBLISHED:2025/09/18      8 14TH MBD MISSION FOR MBCC'S "DOING BUSINESS WITH MONGOLIA SEMINAR & CHRISTMAS RECEPTION" AND BUSINESS PROGRAM DEC 08- 14. 2025 LONDON, UK WWW.MONGOLIANBUSINESSDATABASE.COM PUBLISHED:2025/09/16      9 IMF WRAPS UP 2025 ARTICLE IV TALKS WITH MONGOLIA WWW.IMF.ORG PUBLISHED:2025/09/16      10 POSCO INTERNATIONAL TO LAUNCH WASTEWATER HEAT DISTRICT HEATING PROJECT IN MONGOLIA WWW.CM.ASIAE.CO.KR  PUBLISHED:2025/09/16      Г.ЗАНДАНШАТАР: 1.2 ТЭРБУМ АМ.ДОЛЛАРЫГ ГАДААДАД 3 ХУВИЙН ХҮҮТЭЙ ХАДГАЛУУЛЖ БАЙНА WWW.GOGO.MN НИЙТЭЛСЭН:2025/09/18     З.ЦОГТГЭРЭЛ: БАГШ НАРЫН ЦАЛИНГ 3.5 САЯ ТӨГРӨГ БОЛГОХЫГ ШААРДАЖ ОРОН ДАЯАР ЖАГСАНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/18     МОНГОЛ, САУДЫН АРАБЫН ХООРОНД ШУУД НИСЛЭГ ҮЙЛДЭХ НӨХЦӨЛ БҮРДЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/18     ЗӨӨВЧ-ОВОО ТӨСЛИЙН АВТО ЗАМЫН БҮТЭЭН БАЙГУУЛАЛТ ЭХЭЛЛЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2025/09/18     БАГАНУУРЫН БАТАРЕЙ ХУРИМТЛУУРЫН СТАНЦ ТӨВИЙН СИСТЕМД 48.7 САЯ КВТ.ЦАГ ЭРЧИМ ХҮЧ НИЙЛҮҮЛЭЭД БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/18     А.АМАРТҮВШИН: 2026 ОНД 50 МЯНГАН ӨРХ, 2027 ОНД 65 МЯНГАН ӨРХИЙГ ХИЙН ТҮЛШНИЙ ХЭРЭГЛЭЭНД ШИЛЖҮҮЛНЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/18     ХАН-УУЛ ДҮҮРГИЙН 8 ДУГААР ХОРООНД ГЭР ХОРООЛЛЫН ДАХИН ТӨЛӨВЛӨЛТИЙН ТӨСӨЛ ХЭРЭГЖҮҮЛЭГЧЭЭР “МД ТОП” ХХК-ИЙН ШҮНШИГ ГЭГЭЭН ТӨСӨЛ ШАЛГАРЛАА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/18     14 ДЭХЬ УДААГИЙН MBCCI’S “ DOING BUSINESS WITH MONGOLIA SEMINAR & CHRISTMAS RECEPTION” B2B NETWORKING БОЛОН БИЗНЕС ХӨТӨЛБӨР 2025 ОНЫ 12 САРЫН 08 -13 ЛОНДОН ХОТ, ИХ БРИТАНИ WWW.MONGOLIANBUSINESSDATABASE.COM НИЙТЭЛСЭН:2025/09/16     ЭДИЙН ЗАСГИЙН ТӨРӨЛЖИЛТИЙН ИНДЕКСЭЭР МОНГОЛ УЛС 145 ОРНООС 139-Д БИЧИГДЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2025/09/16     ӨНӨӨДӨР: “СЭЛБЭ 20 МИНУТЫН ХОТ”-ЫН ДАРААГИЙН ЭЭЛЖИЙН ОРОН СУУЦНЫ ТӨСЛИЙН БҮТЭЭН БАЙГУУЛАЛТЫГ ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/16    

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MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK MBCCI London UK Goodman LLC

NEWS

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Household Monthly Income Rises by MNT 119,300 from 2024 www.montsame.mn

The average monthly household income has reached MNT 1.8 million, an increase of MNT 119,300 compared to the same period in 2024, according to the National Statistics Office of Mongolia.
Wages and salaries accounted for 57.9 percent of household income, pensions and allowances for 21.6 percent, agricultural production for 7.5 percent, other income for 7 percent, and non-agricultural production and services for 6 percent. Compared to 2024, the share of wages in household income has risen by 1.5 percentage points, and that of non-agricultural production and services by 0.2 points, while the share of pensions and allowances fell by 1.3 points, agricultural production by 0.2 points, and other income by 0.2 points.
By income group, households are distributed as follows:
- 76,400 households with an income below MNT 700,000,
- 233,200 households with an income between MNT 700,000 and 1.6 million,
- 308,600 households with an income between MNT 1.6 million and 3 million,
- 387,000 households with an income above MNT 3 million.
Compared to the same period in 2024, the number of households earning below MNT 700,000 decreased by 33,100; those earning between MNT 900,000 and 1.1 million by 17,500; between MNT 1.1 and 1.6 million by 7,700; between MNT 1.6 and 2.1 million by 2,700; and between MNT 2.1 and 3 million by 30,200. In contrast, the number of households earning between MNT 700,000 and 900,000 rose by 4,500; between MNT 3 and 4 million by 6,600; and above MNT 4 million by 89,700.
Among low-income households earning up to MNT 700,000, pensions and allowances make up 80.4 percent of total income, while among high-income households earning above MNT 2.1 million, wages and salaries account for 66.3 percent.
The average monthly household expenditure has reached MNT 2.8 million, an increase of MNT 324,500 compared to 2024. Of this, MNT 1.9 million was spent on non-food goods and services, MNT 515,900 on food products, MNT 301,000 on other expenses, and MNT 56,700 on gifts and assistance.
The share of food products in total household expenditure declined by 0.7 percentage points, while spending on non-food goods and services increased by 0.5 points, and gifts and assistance by 0.2 points.
Approximately 32.6 percent of food expenditure was on meat and meat products, 22.9 percent on cereals and flour products, 12.2 percent on dairy products and eggs, and 7.1 percent on vegetables, tubers, and leafy plants—together making up 74.7 percent of total food spending. Compared to 2024, the share of meat, dairy, and fruit in food expenditure rose, while cereals, vegetables, fats and oils, and sugar products declined.
Among non-food spending, 10.1 percent went to fuel, spare parts, and maintenance of vehicles; 7 percent to clothing and footwear; 6.4 percent to personal services; 6.2 percent to communications; 5.9 percent to medicines and medical services; and 3.7 percent to footwear.
By expenditure group:
- 29,100 households spent less than MNT 700,000,
- 226,200 households spent between MNT 700,000 and 1.6 million,
- 386,000 households spent between MNT 1.6 million and 3 million,
- 363,900 households spent above MNT 3 million.
Compared to 2024, the number of households with expenditures below MNT 700,000 decreased by 22,600; those spending between MNT 700,000 and 900,000 by 13,600; between MNT 900,000 and 1.1 million by 15,500; and between MNT 1.1 and 1.6 million by 28,500. However, households spending between MNT 1.6 and 2.1 million increased by 6,500; between MNT 2.1 and 3 million by 12,100; between MNT 3 and 4 million by 32,600; and above MNT 4 million by 38,500.
At the national level, food products account for 27.6 percent of the average expenditure of households spending up to MNT 700,000, while for households spending above MNT 2.1 million, food accounts for 17.2 percent and non-food goods and services for 71.5 percent.

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New E-Platform to Receive Reports on Environmental Violations www.montsame.mn

The Ministry of Environment and Climate Change (MECC) is developing an electronic platform, waste.mecc.gov.mn, to receive reports on environmental violations.
The MECC’s Environmental Policy Implementation Department organized an online discussion as part of the efforts to implement the official “Directive on Some Actions to Be Implemented within 100 Days by the Government of Mongolia.” Based on participants’ suggestions, the platform for receiving reports is being developed, and a nationwide training session is scheduled for September 2025.
The introduction of this electronic system will enhance public oversight of environmental protection, ensure transparent reporting of environmental decisions, and provide the ability to view reports on an interactive map.
More than 45 representatives from seven organizations, including environmental departments of aimags and the Capital city, reservoir authorities, and administrations for special and land protection, participated in the discussion.

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Mongolia issues bear warning after multiple reported sightings www.xinhuanet.com

Mongolia's Ministry of Environment and Climate Change on Tuesday issued a brown bear warning amid fear of potential harm to humans.
The warning came after multiple brown bear sightings were reported near residential areas across Mongolia's northern province of Darkhan-Uul between Aug. 14 and Aug. 15.
According to experts, bear attacks on livestock have increased in recent years due to climate change, food shortages, overexploitation of natural resources, and forest fires.
The ministry has urged residents of some provinces to protect themselves and livestock from potential attacks of brown bears.

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Mongolia Q2 GDP Strongest in a Year www.tradingview.com

The gross domestic product of Mongolia expanded by 5.6% in the second quarter of 2025, accelerating from a 2.4% growth in the previous three-month period.
This marked the strongest economic growth since the second quarter of last year, mainly driven by a strong performance in the agricultural sector (3.6% vs 1% in Q1).
Additionally, production rose for industry and construction sectors (1% vs 0.4%), primarily in construction.
On the other hand, output in services moderated (0.7% vs 1.2%), as wholesale and retail (-0.7% vs -0.6%) and transportation (-0.6% vs -1.2%) continued to decline, while other services slowed (1.4% vs 2.4%).
On a seasonally adjusted quarterly basis, the country’s economy grew by 1.6% in Q2, following a 0.4% expansion in the preceding period.

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Mongolian fintech AND Global raises $21.4m in Series B funding www.fintechfutures.com

Mongolian fintech company AND Global has secured $21.4 million in a Series B funding round led by the International Finance Corporation (IFC) and Japanese financial group AEON Financial Service.
The investment round also drew participation from Marubeni Corporation, SBI Holdings, and Tokyo's Premium Group, and builds on the company's $15.3 million Series A in 2021.
Founded in 2015 and led by CEO Khos-Erdene Baatarkhuu, AND Global provides a range of financial services solutions for businesses through its proprietary Fintech-as-a-Service software, including digital lending solutions as well as custom credit scoring tools and document processing services.
The funding announcement comes shortly after AND Global's subsidiary LendMN secured $20 million in debt financing from London-based investment platform Lendable in April. LendMN, launched in 2017 as Mongolia's first digital lending fintech, now serves over 1.3 million registered users.
"Mongolia, as the most sparsely populated country, can greatly benefit from digital solutions to expand access to finance and services," states Matthieu Le Blan, IFC’s resident representative for Mongolia.
According to AND Global, the fresh capital will support the expansion of its AI-powered fintech solutions and will enable the company to broaden its product portfolio.
AND Global currently operates in 11 countries and employs 250 people across offices in Mongolia, Singapore, Japan, the Philippines, and Thailand. 
About the Author
Cameron Emanuel-Burns is a reporter at FinTech Futures and is dedicated to enhancing the accessibility of fintech for a broader audience.

 

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Mongolia Water Compact Update: On Time and On Budget www.mn.usembassy.gov

The United States Government concluded its Foreign Assistance Review and reaffirmed its support for projects and programs implemented under the Water Compact, signed between U.S. Millennium Challenge Corporation (MCC) and the Government of Mongolia. This decision ensures continued funding for the program, which directly supports economic growth and private enterprise.  This contributes to the safety, strength, and prosperity of the American people through time-limited investments that promote business growth and stability around the world.  
Jointly financed by a generous $350 million contribution from the American people (approximately 1.2 trillion MNT) and an additional $112 million from the Government of Mongolia, the Water Compact is a cornerstone of the strategic engagement between the United States and Mongolia.
Compact projects draw on U.S. expertise in water infrastructure, engineering, and technology, with firms such as Tetra Tech, Inc. and AECOM leading the design and oversight of major construction initiatives. These projects highlight the quality, innovation, and technical leadership that American companies bring to global development challenges. Across its portfolio, MCC has engaged U.S. firms in contracts totaling more than $1.4 billion, reflecting the strong role of American private enterprise in delivering sustainable infrastructure solutions.
By addressing Mongolia’s urgent need for a reliable water supply, the compact projects support long-term economic growth and regional stability—conditions that strengthen Mongolia’s role as a dependable trade and investment partner. The program reinforces U.S. leadership abroad, underscoring a commitment to results-driven, cost-effective partnerships that deliver tangible benefits for both nations.
During a recent visit to the Compact site, U.S. Ambassador to Mongolia Richard Buangan hailed the U.S.- Mongolia MCC Water Compact as one of the largest public works projects in the Indo – Pacific region, and a testament of the commitment and engagement of the United States in Mongolia.
“This comprehensive program supports long-term water security for the residents and businesses of Ulaanbaatar—home to nearly half of the country’s population—and advances Mongolia’s development toward greater self-reliance and private sector investment. This high-impact investment in infrastructure helps position Mongolia as a reliable trade and business partner,” said the Ambassador.
Upon completion, it will significantly enhance water security and resilience for the city’s growing urban population of more than 1.5 million. The decision to continue funding reflects the United States’ commitment to supporting programs that deliver real returns, supporting programs that are results-driven, cost-effective, and aligned with American foreign policy.
Together, Mongolians and Americans are advancing pro-growth solutions that promote mutual benefit, advancing our shared priorities in economic development, and responsible resource management.

 

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ABM's Mongolia Growth Story www.mining-journal.com

MiningNews.Net speaks with Gan-Ochir Zunduisuren, Managing Director of Asian Battery Metals, about the company's latest acquisitions and exploration plans in Mongolia. In this Q&A, Gan-Ochir explains why the Maikhan Uul Copper–Gold Project is a strategic complement to the flagship Oval Cu-Ni-PGE discovery, how the team will approach due diligence and confirmation drilling to potentially upgrade the 2015 foreign resource estimate to JORC standards, and the geological significance of the large magnetic anomaly at Bayan Sair. He also outlines how these developments fit into ABM's vision to create a critical minerals hub in Mongolia, positioning the company to play a key role in the global energy transition.
The interview https://www.youtube.com/watch?v=86pUNsA6c8E

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Foreign Minister to Pay Official Visit to Mongolia and Attend 10th FEALAC Meeting www.kpl.gov.la

The Ministry of Foreign Affairs of the Lao People’s Democratic Republic has announced that, at the invitation of Ms. Battsetseg Batmunkh, Minister of Foreign Affairs of Mongolia, Mr. Thongsavanh Phomvihane, Minister of Foreign Affairs of the Lao PDR, accompanied by his spouse and a high-level delegation, will pay an official visit to Mongolia.
The visit is scheduled to take place from August 19–23, 2025, and is aimed at further strengthening the long-standing ties of friendship and cooperation between the Lao PDR and Mongolia.
During his visit, Mr. Thongsavanh Phomvihane will also lead the Lao delegation to participate in the 10th Meeting of Foreign Ministers of the Forum for East Asia–Latin America Cooperation (FEALAC), which will be hosted by the Ministry of Foreign Affairs of Mongolia in Ulaanbaatar.
The official visit and participation in the FEALAC meeting are expected to contribute to the deepening of bilateral relations between the Lao PDR and Mongolia, while also enhancing Laos’ engagement in multilateral cooperation between East Asia and Latin America.
KPL

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Success in Irrigated Agriculture: Results from a Field Experiment www.montsame.mn

The Ministry of Food, Agriculture, and Light Industry, with funding from the Asian Development Bank (ADB) and the Japan Fund for Poverty Reduction, is successfully implementing the Vegetable Production and Irrigated Agriculture Project in the Gobi region and Altai soum of Khovd aimag.
In the experimental field of the Boomin Am irrigation system in Altai soum, 2 to 4 varieties of each of the following fine vegetables – corn, peas, watermelon, melon, garlic, pepper, pumpkin, and earth apple have been successfully cultivated and harvested in abundance.
“Agro Alpha,” an agricultural consulting firm, provided expert guidance to a group of vegetable farmers in the soum, enabling them to cultivate various crops successfully despite severe weather conditions. Across a total area of 300 hectares, key infrastructure has been developed, including headworks, main canals, 3.7 kilometers of flood protection dams, reservoirs, and pumping station buildings. Additionally, five sprinkler irrigation machines have been installed. The team has also contributed to environmental and community improvements by planting 5,000 trees, constructing sidewalks, and installing waste bins. 
The Vegetable Production and Irrigated Agriculture Project, funded by the Asian Development Bank and the Japan Fund for Poverty Reduction, is being implemented from 2020 to 2026 across 19 soums in 11 aimags, including Khovd, Gobi-Altai, Zavkhan, Bayan-Ulgii, Selenge, Tuv, Khentii, Darkhan-Uul, Uvs, and Dornod. As part of the project, 12 irrigation systems have been renovated and rehabilitated, enabling the cultivation of over 7,000 hectares of irrigated vegetables, fruits, grains, and fodder crops. Over 3,500 households have benefited from methodological training and advisory services in vegetable farming, according to the Ministry of Food, Agriculture, and Light Industry.

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Mongolia to host 17th World Horseback Archery Championships www.asianews.network

Mongolia will host the 17th World Horseback Archery Championships for the first time, as part of the “Nomads” World Cultural Festival.
The event will bring together elite archers from more than 30 countries, with a special highlight, the inclusion of the traditional Mongolian archery style Bumbug Namnaa as an official championship discipline. This marks a strategic effort to showcase Mongolia’s unique cultural and sporting heritage on the global stage and spark interest among younger generations.
Fifteen of Mongolia’s top horseback archers, the national champions and world-ranked athletes, will represent the host nation. Internationally certified judges, renowned coaches, officials from the World Horseback Archery Federation, and the Vice-President of the UNESCO World Martial Arts Union are also expected to attend.
The competition will take place on August 21–23, 2025, at the foot of Taij Khairkhan Mountain in Nalaikh district, Ulaanbaatar city.
Mongolia will host the 17th World Horseback Archery Championships for the first time, as part of the “Nomads” World Cultural Festival.
The event will bring together elite archers from more than 30 countries, with a special highlight, the inclusion of the traditional Mongolian archery style Bumbug Namnaa as an official championship discipline. This marks a strategic effort to showcase Mongolia’s unique cultural and sporting heritage on the global stage and spark interest among younger generations.
Fifteen of Mongolia’s top horseback archers, the national champions and world-ranked athletes, will represent the host nation. Internationally certified judges, renowned coaches, officials from the World Horseback Archery Federation, and the Vice-President of the UNESCO World Martial Arts Union are also expected to attend.
The competition will take place on August 21–23, 2025, at the foot of Taij Khairkhan Mountain in Nalaikh district, Ulaanbaatar city.

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